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6510 South Figueroa Street

6510 South Figueroa Street, Los Angeles, CA 90003
Multifamily in South LA
Sold Nov 16, 2021
$590,000
$501,500 by Guild Mortgage Co
Mortgage Due Dec 01, 2051
Sold Dec 07, 2016
$430,000
$420,748 by Mb Financial Bank Na
Mortgage Due Jan 01, 2047
Local assessors in Los Angeles, CA have categorized 6510 South Figueroa Street as a residential type of property. The home was built in 1921 and is 103 years old. It was most recently renovated and altered in 1938. The property's lot size has been calculated to be 4,200 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 6510 South Figueroa Street has a total of 1,531 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. The property was last sold in Oct 15, 2021 for $590,000. That's $385.37 per sqft. Prior to that sales transaction, the property was also sold in Aug 3, 2016 for $430,000. 6510 South Figueroa Street was last assessed in 2023. The total value of the property was assessed at $601,800. Specifically, the land the property is located on was valued at $459,000. While improvements on the property were assessed at a total of $142,800. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,232. The initial tax year of delinquency was in 2018. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1938
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Total Building Area: 1,531
  • Gross Building Area: 1,531
  • Building Area: 1,531
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,531
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5
  • Land Acres: 0.096
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: WINTON AND MCLEODS FIGUEROA ST TRACT NO 5 EX OF ST LOT/SEC 45

Ownership

  • Current Owner : PALACIOS BLANCA A
  • Current Owner 2: PALACIOS ANA RUTH
  • Previous Owner : MANCERA RAFAEL
  • Owner Before Previous Owner: B & J CAPITAL GROUP INVESTMENTS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 237600

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 52-A5
  • Subdivision Tract Number: 5
  • Parcel: 6013-025-003
  • Lot: 45
  • Municipality: WEST /HYDE PARK
  • Latitude: 33.9803
  • Longitude: -118.282

    Address

  • Full Address: 6510 S Figueroa St
  • Address - House Number: 6510
  • Street Direction: S
  • Address - Street Name: Figueroa
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C003
  • 4-Digit Zip Code: 1030
  • Zip Code: 90003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,232
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 06-660

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 657,973
  • High Value: 702,552
  • Low Value: 613,394

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $501,500
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 16, 2021
  • First Open Lien Mortgage Loan Amount: $501,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $601,800
  • Assessed Land Value: $459,000
  • Assessed Improvements Value: $142,800

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Transaction ID: 11867260668
  • Current Sale Price: $590,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1699454
  • Previous Sale Recording Date: Dec 07, 2016
  • Previous Sale Contract Date: Aug 03, 2016
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Nov 16, 2021
  • First Mortgage Loan Amount: $501,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MB FINANCIAL BANK NA
  • Previous Mortgage Transaction Date: Dec 07, 2016
  • Previous Mortgage Loan Amount: $420,748
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About South LA



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Frequently Asked Questions

What neighborhood is 6510 South Figueroa Street located in?
The 6510 South Figueroa Street is a multifamily located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 6510 South Figueroa Street?
The average sales price for units in 6510 South Figueroa Street is $590,000 currently.

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